KANESOLTD Balance Sheet Health
Financial Health criteria checks 6/6
KANESOLTD has a total shareholder equity of ¥14.8B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥16.7B and ¥1.9B respectively. KANESOLTD's EBIT is ¥1.0B making its interest coverage ratio 95.3. It has cash and short-term investments of ¥8.8B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
| Interest coverage ratio | 95.3x |
| Cash | JP¥8.82b |
| Equity | JP¥14.81b |
| Total liabilities | JP¥1.93b |
| Total assets | JP¥16.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5979's short term assets (¥11.7B) exceed its short term liabilities (¥740.0M).
Long Term Liabilities: 5979's short term assets (¥11.7B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 5979 is debt free.
Reducing Debt: 5979 has not had any debt for past 5 years.
Debt Coverage: 5979 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5979 has no debt, therefore coverage of interest payments is not a concern.